---
title: "Recap of the US stock market performance on February 13th"
description: "The positive CPI data was offset by continued selling in large-cap tech stocks. The software sector showed signs of stabilization, and a bottom-fishing sentiment emerged in cryptocurrencies. The S&amp"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/38739824.md"
published_at: "2026-02-14T03:36:08.000Z"
author: "[南瓜美股](https://longbridge.com/en/profiles/11897288)"
---

# Recap of the US stock market performance on February 13th

> ### CPI is positive, but big tech stocks are still being sold off, the software sector shows signs of stabilizing, and sentiment for bottom-fishing in cryptocurrencies is emerging

The S&P closed slightly higher, with only the financial and communication sectors falling among the 11 sectors, and over 70% of constituent stocks rising;  
The Nasdaq continued to fall, and the sell-off in tech stocks is not over yet.  
Overall, market tension has eased slightly, but the risk of a pullback remains high!

January CPI was lower than expected, inflation is cooling, the probability of a rate cut before June has risen to 80%, and the number of rate cuts for the full year has risen to 2.5

Yesterday, I shared many individual stock short-term trends, and today I will add a few more tech stocks: $ASML(ASML.US) $Broadcom(AVGO.US) 

ASML, breaking below 1400, will form a small top, you can reduce positions;  
AVGO, the center of oscillation is biased downwards, there is an opportunity below 300;

Software sector $Oracle(ORCL.US) $Intuit(INTU.US) $AppLovin(APP.US) $Palantir Tech(PLTR.US)   
ORCL, rebounded, I have no long-term confidence in its performance;  
INTU, followed the sector down too deeply, shows signs of resistance but not strong, better to wait a bit more;  
APP, the heavy slump after earnings report, no signs of stopping the decline yet, better to wait a bit more;  
PLTR, continuous gradual decline, no signs of resistance, opportunity to see below 120

COIN$Coinbase(COIN.US)   
Earnings report significantly missed expectations, but rebounded sharply by 16% today  
There is capital entering to bottom-fish, bottom-fishing capital believes the market had already fully priced in negative factors, and the crypto market may be approaching a stage bottom.  
This is also what I've shared many times, performance can be predicted based on market conditions, but the stock price movement after earnings is unpredictable  
As for whether the crypto market is at a bottom or in a mid-decline, it's impossible to judge, because Bitcoin hasn't shown clear signs of strengthening.

### Related Stocks

- [ORCL.US - Oracle](https://longbridge.com/en/quote/ORCL.US.md)
- [COIN.US - Coinbase](https://longbridge.com/en/quote/COIN.US.md)
- [AVGO.US - Broadcom](https://longbridge.com/en/quote/AVGO.US.md)
- [INTU.US - Intuit](https://longbridge.com/en/quote/INTU.US.md)
- [CONL.US - GraniteShares 2x Long COIN Daily ETF](https://longbridge.com/en/quote/CONL.US.md)
- [07311.HK - XI2CSOPCOIN](https://longbridge.com/en/quote/07311.HK.md)
- [ORCL-D.US - ORACLE CORP DEPOSITARY SH REP 1/2000TH PFD SER D](https://longbridge.com/en/quote/ORCL-D.US.md)
- [APP.US - AppLovin](https://longbridge.com/en/quote/APP.US.md)
- [PLTR.US - Palantir Tech](https://longbridge.com/en/quote/PLTR.US.md)
- [ASML.US - ASML](https://longbridge.com/en/quote/ASML.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.